Company No. NI678807 Charity No. 108347
## **Knitted Knockers NI**
## **Financial Statements**
**For the Period Ended 30/04/23**
Page 1
## **Knitted Knockers NI**
||**Information**|
|---|---|
|Committee Members|Joanne Harris|
||Hope Graham|
||Linda Ferguson|
||Anne Thompson|
||Janice Greer|
||Lauren Harris|
|Business Address|Brownlow House|
||Windsor Avenue|
||Lurgan|
||BT67 9BJ|
|Accountants|Insight Business Services|
||53 Bernice Road|
||Newtownabbey|
||BT36 4QZ|
|||
|||
Page 2
## **Knitted Knockers NI**
||Page|
|---|---|
|Committee Report|4|
|Accountant's Report|5|
|Statement of Financial Activities|6|
|Balance Sheet|7 – 8|
|Notes to the Financial Statements|9 – 11|
Page 3
**Knitted Knockers NI**
## **Directors' Report**
## **For the Period Ended 30/04/23**
The Committee presents its report and financial statements for the period 30/04/23
## **Principal activity**
Knitted Knockers of Northern Ireland was founded in 2016. Its main purpose is to produce and deliver free hand knit breast prosthetics (knitted knockers) and post-surgery comfort kits to breast cancer survivors across NI bringing confidence and comfort to thousands of women that have had mastectomies.
## **Committee Members**
The committee members who served during the period are as stated below:
Joanne Harris Hope Graham Linda Ferguson Anne Thompson Janice Greer Lauren Harris
This report is prepared in accordance with the organisation’s constitution.
This report was approved by the Committe on ………………………… and signed on its behalf by
Signature **................................** Name **................................**
Page 4
## **Knitted Knockers NI**
## **Independent Examiner's Report to the Members of Knitted Knockers NI**
I report on the accounts of the charity for the year ended 30/04/23 , which are set out on pages 6 - 11.
## **Respective responsibilities of Committee Members and examiner**
Committee members are responsible for the preparation of the accounts in accordance with the the constitution. Having satisfied myself that the charity is not subject to audit and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 65 of the Charities Act
- follow the procedures laid down in the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act
- state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
I have examined the charity accounts as required under section 65 of the Charities Act and my examination was carried out in accordance with the general Directions given by the Charity Commission for Northern Ireland under section 65(9)(b) of the Charities Act. The examination included a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also included consideration of any unusual items or disclosures the accounts, and seeking explanations from you as charity trustees concerning any such matters.
My role is to state whether any material matters have come to my attention giving me cause to believe:
1. That accounting records were not kept in accordance with section 386 of the Companies Act 2006
2. That the accounts do not accord with those accounting records 3. That the accounts do not comply with the accounting requirements of section 396 of the Companies Act 2006 and with the methods and principles of the Charities Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland 4. That there is further information needed for a proper understanding of the accounts to be reached.
Independent examiner’s statement
I have completed my examination and have no concerns in respect of the matters (1) to (4) listed above and, in connection with following the Directions of the Charity Commission for Northern Ireland, I have found no matters that require drawing to your attention.
## **D Browne**
Derek Browne ACMA 53 Bernice Road Insight Business Services Newtownabbey, BT36 4QZ
Page 5
**Knitted Knockers NI**
## **Statement of Financial Activities for the period ended 30/04/23**
|**2023**
Restricted Unrestricted
Funds
Funds
Notes
£
£|**2023**
Restricted Unrestricted
Funds
Funds
Notes
£
£|**2023**
Restricted Unrestricted
Funds
Funds
Notes
£
£|**2023**
Restricted Unrestricted
Funds
Funds
Notes
£
£|**2022**
Total|
|---|---|---|---|---|
||||||
|||||£|
|Incoming Resources
Grant
Donations
Generated Income
Other Income
Total Income|||||
|||14,798.50
0.00
0.00
0.00
14,798.50|0.00
7,958.14
18,070.04
0.00
26,028.18|14,798.50
35,761
7,958.14
26,411
18,070.04
0
0.00
0
40,826.68
62,172|
||||||
|Expenditure
Charitable Activities
Administrative Expenses
Total Expenditure|||||
|||14,798.50
0.00
14,798.50|25,447.65
600.00
26,047.65|40,246.15
54,672
600.00
7,500
40,846.15
62,172|
||||||
|Net Incoming/(Outgoing) Resources||0.00|-19.47|-19.47
0|
||||||
|Net Movement of Funds||0.00|-19.47|-19.47
0|
||||||
||||||
||||||
There are no recognised gains or losses other than the profit or loss for the above financial year. All activities relate to continuing operations
Page 6
## **Knitted Knockers NI**
## **Balance Sheet As at 30/04/23**
|**Notes**|**2023**
**2022**
£
£|**2023**
**2022**
£
£|
|---|---|---|
||||
|**Fixed Assets**
Tangible Assets
6|||
||0.00|0|
||||
|**Current Assets**
Debtors
Cash at bank and in hand|||
||0.00
8,011.32
8,011.32|0
6,613|
|||6,613|
|**Creditors: amounts falling due**
**within one year**|||
||1,598.00|3,000|
||||
|**Net Current Assets**|6,413.32|3,613|
||||
|**Total Assets less current liabilities**|6,413.32|3,613|
||||
|**Creditors: amounts falling due**
**after more than one year**
Deferred income|||
||||
||2,820.00|0|
||||
|**Net Assets**|3,593.32|3,613|
||||
|Capital and Reserves
Reserve Fund
Proft and Loss Account
**Total Funds**|||
||3,612.79
-19.47
3,593.32|3,613
0
3,613|
||||
||||
||||
|The directors' statements are shown on the following page
which forms part of**this Balance Sheet**|||
||||
||||
||||
||||
||||
||||
Page 7
## **Knitted Knockers NI**
## **Balance sheet (continued)**
## **Directors' statements for the year ended 30/04/23**
In approving these financial statements as trustees of the charity we hereby confirm:
For the year ending 30/04/23 the charity was entitled to exemption from audit;
That no notice has been deposited at the registered office of the charity requesting that an audit be conducted for the year ended
Trustee’s responsibilities;
•The members have not required the charity to obtain an audit of its accounts for the year in question,
•The trustees acknowledge their responsibilities for complying with the requirements of the charity with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the constitution.
The financial statements were approved by the Committee on ........................... and signed on its behalf by
Signature ................................. Name .................................
Page 8
## **Knitted Knockers NI**
## **Notes to the financial statements For the year ended 30/04/23**
## **1. Accounting Policies**
## **1.1 Accounting convention**
The financial statements are prepared under the historical cost convention and follow the recommendations in 'Accounting and Reporting by Charities: Statement of Recommended Practice' issued in October 2000
The charity has taken advantage of the exemption in FRS1 from the requirement to produce a cashflow statement because it is a small charity
## **1.2 Incoming resources**
Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when receivable. Gifts donated for resale are included as income when they are sold. Donated assets are included at the value to the charity where this can be quantified and a third party is bearing the cost. The value of services provided by volunteers has not been included.
Grants, including grants for the purchase of fixed assets, are recognised in full in the Statement of Financial Activities in the year in which they are receivable.
## **1.3 Resources Expended**
Resources expended are recognised in the year in which they are incurred.
Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.
## **1.4 Tangible fixed assets and depreciation**
Depreciation is provided at rates calculated to write off the cost less residual value of each asset over its expected useful life, as follows:
Plant and machinery 25% straight line Fixtures, fittings and equipment 25% straight line Motor vehicles 25% straight line
Page 9
## **Knitted Knockers NI**
## **Notes to the financial statements For the year ended 30/04/23**
## **1.5 Pensions**
The pension costs charged in the financial statements represent the contribution payable by the company during the year.
The regular cost of providing retirement pensions and related benefits is charged to the SOFA over the employees' service lives on the basis of a constant percentage of earnings (7%).
||of earnings (7%).|||
|---|---|---|---|
|**2.**|**Grant Income**|||
|||**2023**|**2022**|
|||£||
||Government Grants|35,761|14,799|
|**3.**|**Operating gain/(defcit)**|||
|||**2023**|**2022**|
||Operating gain is stated after charging:|||
||Depreciation and other amounts written of|0||
||
Accountant's remuneration|600|600|
|**4.**|**Employees**|||
|||**2023**|**2022**|
||Number of employees|||
||The average monthly number of employees|||
||(excluding the Directors) during the year were:|0|0|
||**Employment costs**|||
|||**2023**|**2022**|
||Wages and salaries|0|0|
||Social security costs|0|0|
||Other pension costs|0|0|
||Total|**0**|**0**|
Page 10
## **Knitted Knockers NI**
## **Notes to the financial statements For the year ended 30/04/23**
## **5. Pension Costs**
The charity does not operate a pension scheme.
|**6.**|**Tangible Fixed Assets**|**Tangible Fixed Assets**|**Fixtures,**|||||
|---|---|---|---|---|---|---|---|
|||**Plant and**|**fttings and Motor**|||||
|||**machinery **|**equipment **|**vehicles**|**Total**|||
|||£|£|£||£||
||**Cost**|||||||
||At 1 May 2022|0|0|0|||0|
||Additions|-|-|-|||-|
||At 30 April 2023|0|0|0|||0|
||**Depreciation**|||||||
||At 1 May 2022|0|0|0|||0|
||Charge for the year|0|0|0|||0|
||At 30 April 2023|0|0|0|||0|
||**Net book values**|||||||
||At 30 April 2023|0|0|0|||0|
||At 30 April 2022|0|0|0|||0|
|**7.**|**Debtors**|||2023|||2022|
|||||£||||
||Grant Debtors|||0||||
||Other Debtors|||0||||
||Prepayments and accrued income|||0||||
|||||**0**||||
|**8.**|**Creditors: amounts falling due within one year**|||2023|||2022|
|||||£||£||
||Trade creditors|||998|||0|
||Other creditors|||600|||600|
||Other taxes and social security costs|||0|||0|
||Accruals and deferred income|||0|||0|
|||||**1,598**|||**600**|
Page 11
## **Knitted Knockers NI**
## **Detailed Statement of Financial Activities**
For the year ended 30/04/23
|**2023**
**2022**
£
£|**2023**
**2022**
£
£|**2023**
**2022**
£
£|
|---|---|---|
|**Income**
Grant
14,799
35,761
Donations
7,958
26,410
Generated Income
18,070
0
Other Income
0
0
**Total Income**
**40,827**
**62,171**|||
||||
|**Expenditure**
Rent
6,500
8,530
Charitable Activities
24,312
29,122
Ofce Costs
1,619
0
Heat & Light
6,127
Insurance
323
Telephone
0
1,278
Sundry Expenses
190
0
IT & Equipment
66
14,050
Accountancy & Consultancy
600
8,100
Maintenance
735
767
Bank fees
374
324|||
||||
|**Total Expenditure**
**40,846**
**62,171**|||
||||
|**Surplus/Defcit**
**-19**
**0**|||
||||
||||
||||
||||
||||
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Page 12